Ballinvarosig Investors

Ajit is clearly a very intelligent person, but let's be honest, who the F fitted his suit?

https://www.barnesandnoble.com/w/the-memoirs-of-walter-j-schloss-walter-j-schloss/1148811671 Audiobook available for $7.99.

If you are a worker in Ireland, the marginal higher rate of income tax (for those earning 70k+) is over 52%. If you're self-employed, it's 55%. Ireland may have the lowest rates of corporation tax in the EU, but as I can attest, personal rates of taxation are extremely heavy.

I really like Domino's Pizza (UK) as well.

The unfortunate reality of the modern insurance industry is that it's ferociously difficult, and when Combs took over Geico six years ago, he inherited an organization that was bloated, uncompetitive, and not innovating. It's unfortunate that a lot of American workers at Geico lost their jobs, but you can't argue with the returns to shareholders. Record profits last year, and likely another record for this year.

I hate to say it, but Warren did signal this.

Looking at Bloomstran's portfolio, I am not really sure what he's trying to achieve. He's a Buffett fan boy and holds Berkshire, that bit I understand. Most of the rest of the portfolio? It doesn't make sense to me. For someone managing under a billion, are the discount stores really the best idea that this guy has? He's clearly an intelligent person and he understands Berkshire very well. At the same time, he doesn't strike me as a particularly good investor.

I am going to call it. Warren Buffett will not be the CEO of Berkshire Hathaway as of 2026.

You can create an account on TradingView and get access to seven years of Japanese financial data for free.

A very sombre tone.

My wife has bought me this for Christmas, looking forward to reading it. @Brett nice of you to drop by. A few questions for you, do you think the style of investing that Buffett did then is applicable today? Also, do you think you could get the same results today? Buffett has said himself that if he managed just $1M, he could compound that at 50%.

No tax due, it's in my retirement account. A big portion of the book value increase is going to be Apple, nearly $25b for that alone. The outsized exposure at that valuation makes me uncomfortable.

Have been selling a lot of things and am at 70% cash. Like a few of you, I have sold out of BRK.B. Selling at this P/B has always provided an opportunity to buy in cheaper later.

https://www.yetanothervalueblog.com/s/yet-another-value-podcast Andrew Walker's Yet Another Value podcast is the best investing podcast out there.